Arka Venture Labs has invested an undisclosed amount in AI-based SaaS platform, dotin Inc.
dotin uses AI for the real-time delivery of critical insights and ‘vital cues to improve individual experience, business outcomes and the overall workplace itself’.
Arka Venture Labs is a VC firm and ‘first of its kind platform for Indian B2B startups to establish and scale in US’.
Coming back to the funding, the funding round also saw participation from PE firm Qu Ventures. As per the startup, it plans to use the funding to improve its product development and scaling its services.
Talking about this funding and how dotin can help businesses in present COVID-19 pandemic, Ganesh Iyer, dotin Founder and CEO, said,
“While we’ve had considerable success in the US already, our partnership with Arka Venture Labs and Qu Ventures will help us in scaling. And given the fallout of COVID-19, our AI platform is needed more than ever. We can make a real difference by helping employers access talent and their employee pool to best support their workforce during such a critical period.”